Citizenship for Sale
Cyprus
A residency permit may be granted to non-EU citizens who:
• Purchase real estate worth in excess of €300,000,
• Make a direct investment of €5 million into businesses or properties,
• Deposit €5 million into the country's banks (in which case immediate citizenship is given),
• Have lost in excess of €3 million from their bank deposits in the bail-in, provided they also have permanent residency in the country, worth at least €500,000.
Since the implementation of the scheme in early 2013, 691 permits have been granted, to people of 25 nationalities.